Search For "credit rating"
Bank recapitalisation significant to address growth capital requirements:
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 25 (ANI): Credit-rating body ICRA while welcoming the public sector unit (PSU) banks recapitalisation program that was announced on Tuesday said it would be "significantly positive" for banks to address their provisioning as well as growth capital requirements.
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Textile exporters facing growth, profitability pressures amidst multiple h
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 11 (ANI): The pressure on textile exporters has become more severe with the strengthening of the Indian Rupee against currencies of key competing nations during the current calendar year, which reduced competitiveness of Indian exporters compared to their counterparts
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Funding required for airport infrastructure to counter growing air traffic
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 7 (ANI): Amid growing air traffic, India would need to treble its airports capacity (terminal building capacity) at an estimated capital expenditure (CapEx) of Rs. 2.4 lakh crore in the next ten years, much higher than around Rs. 52,000 crore incurred over the last de
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Political uncertainty in Pakistan may adversely impact its rating: Moody&#
Updated : 8 years, 6 months ago IST
Lahore [Pakistan], August2 (ANI): New York-based credit rating agency Moody's has expressed fears that political uncertainty in Pakistan after Nawaz Sharif's disqualification as Member of Parliament could pose risks to developmental policies and might impact adversely on its ratin
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25 bps repo rate cut likely in August 2017 policy review, says ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.
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SEBI unhappy with credit-rating agencies, to issue new norms
Updated : 8 years, 6 months ago IST
New Delhi [India], July 3 (ANI): Market regulator Securities and Exchange Board of India (SEBI) Chief Ajay Tyagi on Monday said he was not happy with the present state of affairs of the credit-rating agencies (CRAs) in the country, adding that a discussion paper would soon be published issui
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Slowdown in GDP growth intensified by note ban, notes ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], May 31 (ANI): Soon after the Central Statistics Office (CSO) released the new estimates of the growth of the Gross Domestic Product (GDP) in the fourth quarter of the current financial year, credit-rating body ICRA asserted that the slowdown in the growth of GDP that had
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GVA expected to rise by 6.9 pct in Q4 FY2017 aided by remonetisation: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], May 25 (ANI): Credit rating agency ICRA expects Indian GDP and gross value added (GVA) at basic prices to expand by 7.1 percent and 6.9 percent, respectively, in year-on-year (YoY) terms in Q4 FY2017.
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Haryana's Textile Policy to boost investments, spur development of te
Updated : 8 years, 6 months ago IST
New Delhi [India], May 3 (ANI): Credit rating agency ICRA on Wednesday announced that the Haryana state government recently announced the state specific Textile Policy on April 2017 that aims for integrated development of the textile industry with the state, at the same time remove the curre
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Cement prices rebound to pre-demonetisation levels: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 28 (ANI): Credit rating agency ICRA has recovered to pre-demonetisation levels of prices of key commodity such as cement in April 2017.
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Renewable energy sector growth attributable to wind, solar energy: ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 25 (ANI): According to credit-rating body ICRA, the growth of the renewable energy (RE) sector was driven by the large capacity additions in the wind and solar power segments.
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RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
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